Search Results for "Insurance Policy Exclusion"

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Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Supreme Court Allows Appeal of Claimant in Motor Accident Case — Functional Di...
Supreme Court Modifies Sentence in Forgery Case Due to Long Pendency and No Crim...
Madras High Court Dismisses Second Appeal in Partition Suit — Concurrent Findi...
High Court of Bombay at Bombay Dismisses Insurance Company's Appeal in Motor Acc...

Search Results for "Insurance Policy Exclusion"

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Supreme Court

Supreme Court Upholds OBC Reservation in All-India Quota Medical Seats — Constitutionality of Reservation for Backward Classes in State-Surrendered Seats Affirmed. Court holds that reservation in AIQ seats is permissible and does not violate the principle of merit, and that the executive can introduce reservation in AIQ seats without legislation.

20 Jan 2022

This judgment pertains to a batch of writ petitions challenging the reservation for Other Backward Classes (OBC) and Economically Weaker Section (EWS)...

Supreme Court

Supreme Court Dismisses Appeal Against RBI Guidelines Prohibiting Merchanting Trade in Banned Goods During Pandemic. Clause 2(iii) of the 2020 MTT Guidelines is a reasonable restriction under Article 19(6) as it serves the legitimate aim of preserving domestic PPE stocks and is not manifestly arbitrary.

6 Dec 2021

The appeal arose from a judgment of the Madhya Pradesh High Court upholding Clause 2(iii) of the Revised Guidelines on Merchanting Trade Transactions ...

Supreme Court

Supreme Court Upholds NCLAT Decision on Limitation in Insolvency Petition Initiated by Financial Creditor. Application Under Section 7 of Insolvency and Bankruptcy Code, 2016 Held Within Limitation After Excluding Time Spent in SARFAESI Proceedings Under Section 14(2) of Limitation Act, 1963.

22 Mar 2021

The appeal arose from a judgment of the National Company Law Appellate Tribunal (NCLAT) dismissing an appeal against an order of the National Company ...

High Court

High Court of Karnataka Enhances Compensation for Tempo Accident Victim — Owner Held Liable Despite Insurance Exclusion. Coolie Injured in Rash Driving Awarded Rs. 3,00,000/- Under Motor Vehicles Act, 1988.

29 Sep 2020

The appellant, Munikrishna Murthy, was a coolie traveling in a tempo bearing registration No.KA-04/B-622 owned by respondent No.1 (Abraham) on 2.3.200...

Supreme Court

Supreme Court Allows Appeal in Insurance Arbitration Limitation Dispute — Exclusion of Time Under Section 14 Limitation Act Granted for Representation After Return of Petition. The Court held that the time spent in bona fide proceedings before a court lacking jurisdiction can be excluded, and the delay in re-presentation beyond the fixed date was not fatal.

3 Oct 2019

The appellant insurance company issued a fire insurance policy to the respondent company for Rs.70,00,000. A fire occurred on 23.04.2000. The insurer ...

Supreme Court

Supreme Court Dismisses Appeal Against NCDRC Order Rejecting Insurance Claim for Road Damage Due to Normal Wear and Tear Exclusion. The appellant failed to prove that the damage was caused by abnormal rainfall and not normal wear and tear under Section 1 of the insurance policy.

25 Mar 2019

The appellant, Mahavir Road and Infrastructure Pvt Ltd., was undertaking road resurfacing and asphalting in Nashik and obtained an insurance policy fr...

Supreme Court

Supreme Court Allows Appeal of Export Credit Guarantee Corporation in Insurance Claim Dispute — Exclusion Clause for Collecting Bank's Default Applies. The court held that the loss arose from the default of the collecting bank, BHCI, which released documents without acceptance, and thus the insurer was not liable under the Shipments Policy.

13 Mar 2019

The case involves a dispute between the Export Credit Guarantee Corporation of India Ltd. (ECGC), the appellant, and M.S. Creations, the first respond...

High Court

Bombay High Court Sets Aside Arbitral Award in Insurance Dispute — Wear and Tear Exclusion Not Applicable to Sudden Breakdown. The court held that the insurer failed to prove that the bearing failure was due to wear and tear, and the breakdown was a fortuitous event covered under the Industrial All Risk Policy.

15 Feb 2019

The petitioner, United Phosphorous Limited, was in the business of pesticides and chemicals. It purchased a Gas Turbine Engine from GE Packaged Power ...

High Court

Bombay High Court Upholds Arbitral Award in Insurance Dispute — Policy Exclusion for Wear and Tear Does Not Apply to Sudden Breakdown. The court held that the majority arbitrators' interpretation of the exclusion clause was plausible and not patently illegal under Section 34 of the Arbitration and Conciliation Act, 1996.

15 Feb 2019

The petitioner, United Phosphorous Limited, purchased a Gas Turbine Engine from GE and obtained an Industrial All Risk Policy from the respondent, Uni...

High Court

Bombay High Court Allows Appeal in Workmen's Compensation Case — Enhances Compensation for Permanent Partial Impairment. Commissioner's assessment of disability at 40% set aside; 65% disability as per medical certificate accepted under Workmen's Compensation Act, 1923.

22 Sep 2014

The appellant, Binddadin Ramasray Varma, was a labourer working on a truck owned by respondent no.1. On 13 December 2003, he sustained a compression f...

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